NUVEEN INVESTMENT TRUST V MANAGEMENT AGREEMENT SCHEDULE A AMENDED AS OF DECEMBER 8, 2009
NUVEEN INVESTMENT TRUST V
MANAGEMENT AGREEMENT
SCHEDULE A
AMENDED AS OF DECEMBER 8, 2009
The Funds of the Trust currently subject to this Agreement and the effective date of each are as follows:
| FUND |
EFFECTIVE DATE | TERM | ||
| Xxxxxx Preferred Securities Fund |
November 13, 2007 | Until August 1, 2010 | ||
| Nuveen NWQ Preferred Securities Fund |
December 8, 2009 | Until August 1, 2011 | ||
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NUVEEN INVESTMENT TRUST V
MANAGEMENT AGREEMENT
SCHEDULE B
| a. | Compensation pursuant to Section 7 of this Agreement shall be calculated with respect to each Fund in accordance with the following schedule applicable to the average daily net assets of the Fund: Each Fund’s Management Fee will equal the sum of a Fund-Level Fee and a Complex-Level Fee. Certain Funds are subject to expense limitations as described in this Schedule. |
| b. | The Fund-Level Fee for each Fund shall be computed by applying the following annual rate to the average total daily net assets of the Fund: |
| Average Total Daily Net Assets |
Rate |
Rate | ||
| Nuveen Preferred Securities Fund |
Nuveen NWQ Preferred Securities Fund | |||
| For the first $125 million |
.5500% | .5500% | ||
| For the next $125 million |
.5375% | .5375% | ||
| For the next $250 million |
.5250% | .5250% | ||
| For the next $500 million |
.5125% | .5125% | ||
| For the next $1 billion |
.5000% | .5000% | ||
| Over $2 billion |
.4750% | .4750% |
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| c. | Nuveen Asset Management will waive fees and reimburse expenses in order to prevent total annual fund operating expenses (excluding 12b-1 distribution and service fees and extraordinary expenses) from exceeding the percentage of the average daily net assets of any class of fund shares of each Fund as shown on the table below, subject in all cases to possible further reductions as a result of reductions in the complex-level fee component of the management fee. |
| Fund |
Permanent Expense Cap as a percentage of the average daily net assets of any class of the Fund | |
| Nuveen Preferred Securities Fund |
1.25% | |
| Nuveen NWQ Preferred Securities Fund |
1.25% |
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d. The Complex-Level Fee shall be calculated by reference to the daily net assets of the Eligible Funds, as defined below (with such daily net assets to include, in the case of Eligible Funds whose advisory fees are calculated by reference to net assets that include net assets attributable to preferred stock issued by or borrowings by such Eligible Funds, such leveraging net assets, but to exclude, in the case of Eligible Funds that invest in other Eligible Funds (“Funds of Funds”), net assets of Funds of Funds attributable to investments in Eligible Funds) (“Complex-Level Assets”), pursuant to the following annual fee schedule:
| Complex-Level Asset Breakpoint Level ($ million) |
Effective Rate Level (%) | |
| 55,000 | 0.2000 | |
| 56,000 | 0.1996 | |
| 57,000 | 0.1989 | |
| 60,000 | 0.1961 | |
| 63,000 | 0.1931 | |
| 66,000 | 0.1900 | |
| 71,000 | 0.1851 | |
| 76,000 | 0.1806 | |
| 80,000 | 0.1773 | |
| 91,000 | 0.1691 | |
| 125,000 | 0.1599 | |
| 200,000 | 0.1505 | |
| 250,000 | 0.1469 | |
| 300,000 | 0.1445 |
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Dated: December 8, 2009
| NUVEEN INVESTMENT TRUST V | ||
| By: | /S/ XXXXX X. XXXXXXXX | |
| Vice President | ||
ATTEST
/s/ Xxxxxxxx X’Xxxx
| NUVEEN ASSET MANAGEMENT | ||
| By: | /S/ XXXXXXX X. XXXXXXXXX | |
| Managing Director | ||
ATTEST
/s/ Xxxx X. Xxxxxx
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